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25 U.S.C. § 1495 — Land and personal property titles

submitted 52 years ago by Pub. L. 93-262 to r/title-25-INDIANS · 133 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules for how title is held for land bought with guaranteed or insured loans. It also requires purchased personal property to be titled in the purchaser’s name.

Title to land bought by a tribe or individual Indian with a loan guaranteed or insured under this subchapter may be taken in trust unless the land is outside a reservation or an approved tribal consolidation area. For land outside those boundaries, title may be taken in trust if the purchaser already owned trust or restricted interests in it. Otherwise, title must be in the purchaser’s name without restrictions on sale, control, or use. Personal property bought with such a loan must be titled in the purchaser’s name.

the actual law source: uscode.house.gov ↗public domain

Title to any land purchased by a tribe or by an individual Indian with loans guaranteed or insured pursuant to this subchapter may be taken in trust, unless the land is located outside the boundaries of a reservation or a tribal consolidation area approved by the Secretary. Title to any land purchased by a tribe or an individual Indian which is outside the boundaries of the reservation or approved consolidation area may be taken in trust if the purchaser was the owner of trust or restricted interests in the land before the purchase, otherwise title shall be taken in the name of the purchaser without any restriction on alienation, control, or use. Title to any personal property purchased with loans guaranteed or insured hereunder shall be taken in the name of the purchaser.

Source credit: (Pub. L. 93–262, title II, § 215, Apr. 12, 1974, 88 Stat. 81.)

history & why it existsrecord from the source credit
  • 1974Enacted · Pub. L. 93-262 · 88 Stat. 81

A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-262 on 1974-04-12.

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